Metro Bank increases LTV to 90% and reduces rates across residential ranges

Metro Bank will be increasing its maximum loan-to-value (LTV) to 90% and reducing rates across its residential range.

The bank is introducing a maximum 90% LTV across its Core & Professional Ranges for new customers, with rates from 4.54%.

As well as this, Metro has extended new business on its Core, Professional and Large Loan Ranges.

Its Core rates now start from 3.99%.

These changes take effect from today, 30 March 2023.

Charles Morley, director of mortgage distribution at Metro Bank, said: “I’m delighted to announce these pricing and product enhancements and I hope that these changes, against today’s economic backdrop, will help bring the home ownership dream a bit closer for many.

“At Metro Bank we are committed to supporting people as well as seeking to bolster market confidence and the resilience of the sector.”

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